Water Pipeline Costs on Maharashtra Land Deemed Revenue Expenditure, Not Capital, Due to Lack of Enduring Benefit.
X X X X Extracts X X X X
X X X X Extracts X X X X
....Nature of Expenditure - revenue or capital - Weight of other business considerations, the test of enduring benefit might even break down - the expenditure incurred on laying of the water pipeline involving the land owned by Maharashtra Government constitutes Revenue expenditure.....


TaxTMI